Richard Olson

Managing Broker – Auctioneer
cell: 815-258-3003
office: 815-942-4266

With over 45 years of experience, Dick specializes in land sales and trades, and has sold over 40,000 acres, commercial and residential real estate sales, farm machinery auctions, farm land auctions, as well as estate and household auctions. Over the years, he has gained many contacts with other people in these various businesses, so he is always up-to-date on the current values. Being involved in Real Estate sales full-time also gives him a current knowledge of land, residential and commercial values. The Real Estate office consistently sells 2,000 or more acres of land each year and has conducted many Land Auctions over the past several years.

Dick was born and raised on a farm in Morris, IL. He owned and managed his own farming operation for 28 years, farming approximately 1,800 acres annually. He graduated from Reppert Auction School in 1968 and obtained his Real Estate License in 1989. Having sold his farming business in 1995, Dick was then able to concentrate on his real estate, auction and land valuation business.

As an auctioneer since 1968, Dick has sold many millions of dollars’ worth of farm machinery, real estate and personal property. He also served on the Grundy County Board for 10 years—involved in all aspects of the business of keeping a county operating. First elected in 1992, he decided not to run for a 4th term in order to devote more time to his clients. He also served on the Grundy County Chamber of Commerce and Industry Board from 1997 through 2002.

Erik Olson

Real Estate Broker – Auctioneer
cell: 815-931-0699
office: 815-942-4266

Erik Olson, third generation auctioneer, graduated from Reppert School of Auctioneering 65 years after his grandfather (Butch) and 42 years after his father (Richard) graduated from the same school. Since 2013, Erik and his staff have held auctions on the platform under Richard A. Olson & Associates. Beginning in 2023, he formed a new company, Lucky Auctions to run mainly online auctions. He continues to conduct live auctions with his father, Richard Olson, under Richard A. Olson & Associates and runs the day-to-day business there as well. He holds a Master’s Degree in Economics and a Real Estate Broker License and Auctioneer License with the State of Illinois.

Erik & his wife Stacey own and operate True North, “A Tourist Attraction for Shoppers” open 7 days a week in Morris, IL. Erik has served on the Executive Board for Morris Downtown Development Partnership, Executive Board for Morris Retail Association, is a member of the Sons of American Legion Post #294 and Morris Moose Lodge #967. He performs local charity auctions and tries to find time to kayak the I & M Canal with friends and family. He is an active supporter of the Canal Corridor Association, the Heritage Corridor Destinations, and is President of the non-profit IMC3, I & M Canal Cleanup Coalition. He is an active member of the Grundy-Kendall Farm Bureau and supports the various Kendall & Grundy County 4H Organizations each year. In 2021, Stacey and Erik started fForest Fest at Goold Park in Morris. It’s a Music Festival, Vendor Market, Business Expo and Food Truck Rally all squeezed into one fun-filled day in June. You can also hear them emcee the annual Lighted Parade in Downtown Morris on Thanksgiving Weekend.

Stacey and Erik were recently awarded Grundy County Chamber of Commerce & Industry’s Entrepreneurs of the Year for their ethics, hard work, success, and dedication to the community.